Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    10-Year U.S. Treasury Yield Tops 5.1%, Highest Since 2007

    September 24, 2026

    Naira Depreciates Across FX Markets on Liquidity Squeeze

    September 23, 2026

    FirstHoldco Hits 52-Week High on Substantial Trading Volume

    September 23, 2026
    Facebook X (Twitter) Instagram
    Trending
    • 10-Year U.S. Treasury Yield Tops 5.1%, Highest Since 2007
    • Naira Depreciates Across FX Markets on Liquidity Squeeze
    • FirstHoldco Hits 52-Week High on Substantial Trading Volume
    • CBN’s Biggest Signal Not Rate Cut, AAG Capital Says
    • Interest Rates on Nigerian Treasury Bills Fall Below 16%
    • Iran Defends Nuclear Programme, Accuses U.S., Israel of Breaking Int’l Law  
    • 40% of Nigerians Still Lack Reliable Power – REA Boss  
    • Diverting Tithes, Offerings, Zakat to Private Businesses Criminal – EFCC  
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Thursday, September 24
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketNews » Democracy Day: Nigerians Task Tinubu on Improved Living Standard

    Democracy Day: Nigerians Task Tinubu on Improved Living Standard

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJune 12, 2024 MarketNews No Comments3 Mins Read
    Democracy Day: Nigerians Task Tinubu on Improved Living Standard
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Democracy Day: Nigerians Task Tinubu on Improved Living Standard

    As Nigeria celebrates democracy day, some stakeholders have urged President Bola Tinubu to take urgent steps to improve the living standard of Nigerians. They urged the government to retrace its steps and formulate policies that would quickly check inflation and improve the welfare of ordinary Nigerians.

    A civil servant, Salawu Ajoze, said that since Tinubu took over government in the past one year, things appeared to have gotten worse. He urged the Federal Government to reconsider some of its policies that had imposed hardship on the populace.

    “There was very high hope and expectations when Tinubu took over in 2023, but everything appears to have been dashed.

    “The removal of petrol subsidy alone has created serious economic hardship, which the government has not been able to ameliorate till now, ” he said. He urged the president to agree with the organised labour on a decent living wage for Nigerian workers so as to reduce the huge financial burden that his policies had placed on them.

    Abbas Ibrahim, a pharmacist, said that there was virtually nothing to celebrate about the democracy day. According to Ibrahim, since the return to democracy in 1999, the country appears to be retrogressing.

    “The idea of democracy was to create an atmosphere of freedom for equitable development and economic prosperity, but that has not been the case in Nigeria.

    “Since 1999, things appear to be degenerating. Look at the high level of insecurity, inflation, unemployment. There is really nothing to celebrate about Nigerian democracy, ” he said.

    Mr Aliu Sule, a retired director in the federal civil service, blamed the insensitivity of politicians for worsening living condition of. Nigerians. Sule called for a drastic reduction in the cost of governance to allow more funds for development.

    “The cost of governance in Nigeria appears to be the highest in the world, yet our minimum wage ranks among the lowest.

    “I suggest a drastic cut in the cost of governance. In fact, we should start by scrapping one arm of the National Assembly and embracing the unicameral legislature. That will go a long way to freeing more funds for development, ” he said.

    However, Mr Abdulkadri Aminu, a public affairs analyst, urged Nigerians to give the Federal Government benefit of the doubt, and more time for its economic policies to gestate. According to him, no government can deliberately adopt policies with the intention of subjecting its populace to hardship.

    “I agree that things are looking tough for Nigerians, but I am hopeful that the situation will improve over time when government policies start to bear fruit, ” he said FG Tasks Stakeholders on Cybersecurity Management

    Banks CBN Central Bank of Nigeria FGN Investors Naira NGX Nigeria Nigerian Stock Exchange
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Keep Reading

    10-Year U.S. Treasury Yield Tops 5.1%, Highest Since 2007

    Naira Depreciates Across FX Markets on Liquidity Squeeze

    FirstHoldco Hits 52-Week High on Substantial Trading Volume

    Interest Rates on Nigerian Treasury Bills Fall Below 16%

    Iran Defends Nuclear Programme, Accuses U.S., Israel of Breaking Int’l Law  

    40% of Nigerians Still Lack Reliable Power – REA Boss  

    Add A Comment

    Comments are closed.

    Editors Picks

    10-Year U.S. Treasury Yield Tops 5.1%, Highest Since 2007

    September 24, 2026

    Naira Depreciates Across FX Markets on Liquidity Squeeze

    September 23, 2026

    FirstHoldco Hits 52-Week High on Substantial Trading Volume

    September 23, 2026

    CBN’s Biggest Signal Not Rate Cut, AAG Capital Says

    September 23, 2026

    Interest Rates on Nigerian Treasury Bills Fall Below 16%

    September 23, 2026
    Latest Posts

    10-Year U.S. Treasury Yield Tops 5.1%, Highest Since 2007

    September 24, 2026

    Naira Depreciates Across FX Markets on Liquidity Squeeze

    September 23, 2026

    FirstHoldco Hits 52-Week High on Substantial Trading Volume

    September 23, 2026

    Interest Rates on Nigerian Treasury Bills Fall Below 16%

    September 23, 2026

    Iran Defends Nuclear Programme, Accuses U.S., Israel of Breaking Int’l Law  

    September 23, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.